Seeking Alpha

Don't say you weren't warned. Seventy-five percent of the preferred market is trading above par,...

Don't say you weren't warned. Seventy-five percent of the preferred market is trading above par, according to BAML, and nearly the entire market is callable.
From other sites
Comments (3)
  • jbzw
    , contributor
    Comments (909) | Send Message
     
    New NRF-C, currently trading as NRFCP, is under par and yields over 8.75 %. also newer and near par is RSO-B which yields over 8%. Happy hunting to the vigilant!
    13 Oct 2012, 01:59 PM Reply Like
  • RBHo
    , contributor
    Comment (1) | Send Message
     
    Companies have to have dollars for which they have no better use before they make calls.
    14 Oct 2012, 02:43 AM Reply Like
  • Dave Kress
    , contributor
    Comments (5) | Send Message
     
    Of course it is trading above par! It is only one of several safer
    high yield investment ETF's of better quality issues that you can get any return on! IT IS WORTH IT! I received high yields, capital gains
    and, total satisfaction on General Electric's GEC, GEJ, GER that are
    all in the same category as PFF. Result? I am doing it again in PFF
    this year. 6-7% payouts, modest capital gains. I call that heaven
    on earth in a near zero yield "safe" market of Treasuries, agencies, etc.
    14 Oct 2012, 02:43 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs